REAL ESTATE, NET and INTANGIBLE ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2024

REAL ESTATE, NET and INTANGIBLE ASSETS, NET

Schedule of real estate properties

As of December 31, 2023, real estate, net consisted of the following (dollars in thousands):

	December 31,
	2023
Building and building improvements	$	51,141
Tenant improvements		296
Furniture and fixtures		943
Land and land improvements		28,847
		81,227
Less: accumulated depreciation		18,903
	$	62,324